Eargo raised $141 million during its recent IPO, according to an article on the Forbes website, “sending shares up 87% on its first day of public trading.”
Related article: Eargo Inc Announces Upsized Pricing of IPO
According to Forbes, “The investor enthusiasm for Eargo is not surprising.” The author details the ways in which Eargo distinguishes itself in the hearing aid market with its products said to have a discrete fit, “natural sound,” and rechargeability. The author also points out Eargo’s “multi-touch, concierge-style sales experience,” with unlimited support provided as part of every purchase.
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